P/E ratio for Ocado (OCDO.L)
P/E ratio at the end of 2022: -10.9
According to Ocado's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -629.236. At the end of 2022 the company had a P/E ratio of -10.9.
P/E ratio history for Ocado from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -10.9 | -80.8% |
| 2021 | -56.9 | -48.3% |
| 2020 | -110 | 163.54% |
| 2019 | -41.8 | -65.05% |
| 2018 | -120 | -105.72% |
| 2017 | > 1000 | 1427.63% |
| 2016 | 137 | -10.63% |
| 2015 | 153 | -27.07% |
| 2014 | 210 | -245.52% |
| 2013 | -144 | 17.67% |
| 2012 | -123 | -82.3% |
| 2011 | -693 | 841.67% |
| 2010 | -73.6 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.